July 28, 2011

Cautious optimism for Latino businesses, entrepreneurs

The Great Recession hit wage earners across the board, some more than others.

A nationwide survey of 600 Latinos conducted in 2009 by LatinoMetrics revealed that half of Latino families were bringing in less income than the previous year, with one in three making the same money and only one in seven making more greenbacks.

Survey data also revealed that six in 10 Latinos were making ends meet; four of those indicated it’s not easy but they’re getting by. One in 10 said things are looking up, and another one thought all was moving along swimmingly.

The younger Latino maintains the…

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